Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Talbot Financial LLC

Talbot Financial LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 266,918 shares of the e-commerce giant's stock after purchasing an additional 5,871 shares during the period. Amazon.com accounts for about 6.1% of Talbot Financial LLC's investment portfolio, making the stock its 3rd largest position. Talbot Financial LLC's holdings in Amazon.com were worth $49,735,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. PayPay Securities Corp lifted its holdings in Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock worth $32,000 after purchasing an additional 64 shares during the last quarter. Christopher J. Hasenberg Inc boosted its holdings in shares of Amazon.com by 650.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant's stock worth $58,000 after buying an additional 260 shares during the period. Koesten Hirschmann & Crabtree INC. acquired a new position in Amazon.com in the 1st quarter valued at $69,000. Innealta Capital LLC bought a new position in Amazon.com in the 2nd quarter worth $77,000. Finally, Abich Financial Wealth Management LLC lifted its position in Amazon.com by 84.7% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 434 shares of the e-commerce giant's stock worth $84,000 after acquiring an additional 199 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Insider Activity

In other news, SVP David Zapolsky sold 2,190 shares of the firm's stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the transaction, the senior vice president now directly owns 62,420 shares in the company, valued at $12,171,900. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total transaction of $427,050.00. Following the transaction, the senior vice president now owns 62,420 shares of the company's stock, valued at $12,171,900. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the sale, the chief executive officer now directly owns 2,056,534 shares of the company's stock, valued at $371,759,651.18. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,855 shares of company stock valued at $9,215,048 in the last 90 days. 10.80% of the stock is owned by company insiders.

Amazon.com Price Performance

Amazon.com stock opened at $195.78 on Tuesday. The stock has a market cap of $2.05 trillion, a price-to-earnings ratio of 41.92, a P/E/G ratio of 1.42 and a beta of 1.14. Amazon.com, Inc. has a 12-month low of $138.36 and a 12-month high of $201.20. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The business's 50-day simple moving average is $185.23 and its 200 day simple moving average is $183.89.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 23.46%. The business had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same period in the previous year, the firm posted $0.85 earnings per share. Amazon.com's revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, research analysts anticipate that Amazon.com, Inc. will post 4.84 earnings per share for the current year.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent analyst reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $230.00 price objective on shares of Amazon.com in a research note on Monday, October 7th. Evercore ISI upped their price target on Amazon.com from $240.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday. Oppenheimer raised their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday. Barclays upped their target price on shares of Amazon.com from $220.00 to $235.00 and gave the company an "overweight" rating in a research note on Friday, August 2nd. Finally, Needham & Company LLC restated a "buy" rating and issued a $210.00 price target on shares of Amazon.com in a research report on Friday. Two research analysts have rated the stock with a hold rating, forty have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $246.48.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.